Answer:
6.517%
Step-by-step explanation:
This is a multi-year investment and we are not working with a $1 initial investment. There is no mention of compounding so we will use formula A=P0⋅(1+r)N with A=$18,434 and P0=$14,320. We do not know the value of r. However, N=4 years. Substituting the values we have $18,434=$14,320⋅(1+r)4. Divide both sides of the equation by $14,320. Next, take the fourth root of both sides of the equation and subtract 1 to find the decimal form of r.
$18,4341.287291.065170.06517=$14,320⋅(1+r)4=(1+r)4=1+r=r
Finally, convert r to a percent.
r=0.06517×100%=6.517%
Answer:
A.(170+30)-41
Step-by-step explanation:
(170+30)-41=170+(30-41)
200-41=170+(-11)
159=170-11
159=159
If the goal of this question is to solve for x than the correct answer is 20. Hope this helped.
Answer:
Stefan originally spent $110.
Stefan made a profit of $44.
Step-by-step explanation:
Given that:
Stefan sold the bike and helmet for $137 and $17
Total amount = 137+17 = $154
This is 140% of the price Stefan originally paid.
Let,
x be the original price paid by Stefan
140% of x = $154

Therefore,
Stefan originally paid $110 for the bicycle and helmet.
Profit made by Stefan = 154-110 = $44
Hence,
Stefan originally spent $110.
Stefan made a profit of $44.